Excellent Analysis Niz,
.
Apparently the is US buying US bonds and injecting more money into the their economy ,thus raising inflation which they are trying to curb by keeping interest rates high in an attempt to curb inflation, while Australia prefers to keep a lower interest rates. This has the effect of strengthening the USD against the Australian dollar..
And as Niz said, SHE is mostly earning in USD..
So current and past SHE earnings are growing in value relative to AUD.
Happy spud day!, page-77
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.159M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1363120 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 100000 | 1 |
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